Wealth Uncensored

https://feed.podbean.com/wealthuncensored/feed.xml

4.4K

Downloads

Episodes

I'm Jimmy Sexton, LL.M., Founder and CEO of Esquire Group. I work one-on-one with ultra-high-net-worth individuals, family offices, and private companies to solve complex international tax and wealth planning challenges.

On this podcast, I share what I've learned from two decades in the trenches: tax strategy, wealth structuring, trusts and foundations, expatriation, family governance, international banking, and the geopolitical forces that shape your wealth. I built and sold my own multinational business, expatriated from the United States, and personally use the same strategies I advise my clients to use. This isn't theory. It's experience.

I'm a regular contributor to Bloomberg Tax and have been published and quoted by Forbes, The Wall Street Journal, CNN, and The Washington Post. I've spoken before the United Nations, the American Chamber of Commerce, and eBay, and serve as Chairman of the International Business Structuring Association's Middle East Chapter.

New episodes monthly. Subscribe and follow.

Episodes

Monday Aug 28, 2023

Decoding UAE’s New Business Tax Law

Monday Aug 28, 2023

Could the new UAE corporate income tax law affect your tax liability? Explore the ins and outs of this new legislation with me your host, Jimmy Sexton, as we delve into the implications and uncertainties it brings to the table. This episode promises to guide you through the complexities of tax transparency for trusts, the concepts of free zones, and the differentiation between qualifying and non-qualifying income.

We'll also tackle the intricate details of the new law's application to foundations formed in RAC ICC and the treatment of trusts formed in DIFC and ADGM. In addition, we discuss potential tax planning strategies to navigate through these waters. Strap in for an enlightening journey as we dissect the new UAE corporate income tax law and its impact on UAE trusts and foundations.

Chapter Summaries;

0:35 - Introduction to the podcast episode

1:30 - Discussion on the new UAE corporate income tax law enacted in 2022 and its implications on taxation

3:15 - Examination of the law's application to foundations formed in RAC ICC

5:00 - Delving into the treatment of trusts formed in DIFC and ADGM

6:30 - Discussion on tax transparency for trusts

8:00 - Exploration of free zones, qualifying free zone persons, and their influence on the taxation process

10:00 - Differentiation between qualifying and non-qualifying income and its effect on tax liability